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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Fingerprint Cards AB (publ)    FING B   SE0008374250

FINGERPRINT CARDS AB (PUBL)

(FING B)
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Fingerprints and FEITIAN enter global software license and sensors volume agreement for biometric cards and access devices

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04/01/2020 | 05:47am EDT

Fingerprint Cards AB (Fingerprints™) and FEITIAN, a leading provider of online user authentication and payment transaction security of China, has entered a global license agreement for Fingerprints software platforms for payments and access, FPC-BEP, together with a volume agreement for FPC touch sensors. The agreement applies to both biometric cards and access devices such as physical access cards, and FIDO devices for logical access.  

"We chose biometric technology from Fingerprints as they have the leading full system solution on the market and a proven cutting-edge biometric performance, which is of highest importance to both cards and access devices", says Yan Yan, Vice President at FEITIAN.

Feitian biometric card solution has been selected as an excellent innovation design for Beijing Winter Olympics 2022. The card integrates Fingerprints’ touch sensor and biometric software. 

"We are pleased to collaborate with FEITIAN and to see our superior biometric sensors and software continuing to gain new ground within the payments and access markets, as there is an increased demand for convenient, secure and trusted biometric solutions", says Michel Roig, SVP Business Line Payments & Access at Fingerprints.

 

For further information, please contact:
Michel Roig, Senior VP Business Line Payments & Access

Investor Relations:
+46(0)10-172 00 10, investrel@fingerprints.com

Press:
+46(0)10-172 00 20, press@fingerprints.com

About FEITIAN
FEITIAN Technologies is a public company incorporated in China (SZSE: 300386). Headquartered in Beijing in 1998, the company has consistently been ranked as the leading security supplier of online user authentication and payment transaction with our easy-to-use, strongly-secure, hardware-based turnkey solution. FEITIAN's international business served customers in over 150 countries. Dedicated commitment to protect identity and secure access to online applications has been company's focus since it was established. With the leading role of online security device provider, FEITIAN company serves global customers with its professionalism, technology expertise, vast experiences and the comprehensive strength in multi-factor authentication, FIDO U2F and FIDO2, public key infrastructure (PKI) initiatives, online banking, mobile identification, cloud authentication, EMV payment card & terminal, powered smart card featuring dynamic code display, BLE connection and biometric authentication, and advanced crypto & key management.

About Fingerprints
Fingerprint Cards AB (Fingerprints) – the world’s leading biometrics company, with its roots in Sweden. We believe in a secure and seamless universe, where you are the key to everything. Our solutions are found in hundreds of millions of devices and applications, and are used billions of times every day, providing safe and convenient identification and authentication with a human touch. For more information visit our website, read our blog, and follow us on Twitter. Fingerprints is listed on Nasdaq Stockholm (FING B).

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Sales 2020 1 388 M 148 M 148 M
Net income 2020 -8,49 M -0,90 M -0,90 M
Net cash 2020 529 M 56,4 M 56,4 M
P/E ratio 2020 -714x
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Nbr of Employees 233
Free-Float 88,1%
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Mean consensus SELL
Number of Analysts 1
Average target price 9,00 SEK
Last Close Price 19,46 SEK
Spread / Highest target -53,7%
Spread / Average Target -53,7%
Spread / Lowest Target -53,7%
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NameTitle
Christian Fredrikson President & Chief Executive Officer
Johan Magnus Carlström Chairman
Per Sundqvist Chief Financial Officer
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